Convenience Stores for sale

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WEST MIDLANDS/STAFFORDSHIRE/WARWICKSHIRE BORDERS
Large and very busy Post Office Local with Premier ‘c’ store and off license.
Post Office income in excess of GBP10,000 per annum,
Retail Turnover of GBP8000 per week. Office space which could...

STAFFORDSHIRE/CHESHIRE BORDERS
Delightful Local model Post Office & village stores.
Located in the centre of affluent village just off the main A500.
Post Office income GBP12,000 p.a. Retail Turnover GBP200,000 p.a.
Lock up premises located...

STAFFORDSHIRE
State of the art Mains Model Post Office centre of Staffordshire
Town close to Stoke on Trent. Currently giving Net Profits of GBP84,000 P.A and growing! PO income GBP72,261 net last year, plus
Retail turnover of GBP3,000 p.w....

Gloucestershire - Village Stores and Post Office with superb scope to improve in pleasant rural community on the edge of the Forest of Dean with four bedroom family home attached. Community Status Post Office with salary GBP13,137 last...

Superb Business Opportunity for enterprising new owners. Excellent trading position in busy suburb situated north of Plymouth. Post Office to convert to Main Office upon transfer with estimated PO Remuneration GBP56,100 - GBP62,200 a year....

Wiltshire - A superbly presented Village Stores, Café and Post Office in the heart of sought after affluent village with large family home attached. Combined retail and café trade GBP405,881 (excl. Vat) last year with approximately GBP1,000...

Busy Convenience Store, Post Office and Newsagents in prime trading position on main thoroughfare through very pleasant village. Post Office has Community Status with salary last year of GBP13,773. Retail trade GBP4,500 a week from general...

Busy Convenience Stores and Post Office in pleasant village near popular coastal resort offering an opportunity for new owners to develop trade further with longer opening hours. Retail trade GBP9,000 a week plus Post Office Local Plus...

Independent and very well supported Village Stores in the heart of Somerset. Retail trade GBP243,000 (excluding any VAT) last year with trade having shown a healthy and steady increase since our clients took ownership in 2011. Plenty of...

SOUTH WALES - Independent Convenience Stores, Off Licence and Main Post Office in busy town centre. Retail trade GBP12,500 a week plus Main Post Office Income GBP45,895 a year. Good size retail premises of approximately 1500 square feet...

Main Post Office, Convenience Stores and Newsagents in superb trading location within popular seaside town on South Coast. Well positioned Freehold lock-up premises and business now available due to retirement of existing owners. Post Office...

Buying a convenience store

There are almost 50,000 convenience stores in the United Kingdom, in an industry worth over £35 billion per annum (source: ACS).

Forming the heart of many regional communities, the local convenience store (or corner shop) follows a relatively versatile business plan, with many owners tailoring their shop’s product offering to match the needs of local residents and businesses. In addition to selling newspapers, sweets and groceries, for instance, it’s not unusual for a convenience store to also play the role of the local cash point, post office, video rental shop, stationers or speciality food shop.

When buying a convenience store, location should be your primary concern. Is the convenience store located in the middle of a densely populated residential area, a town centre, or a more rural location? A rural location isn’t necessarily a bad thing, as long as there is sufficient parking onsite, sparse local competition and a significant volume of people within 5 minutes’ drive of the shop.

As well as considering the location and size of the premises itself, you should think carefully about the peripheral services that the shop offers, so that you can buy the convenience store that suits your circumstances best.

For instance, if the shop has a post office salary, you will need to apply for the position of subpostmaster when you take it over, and a portion of your floor space will remain occupied by the ‘post office’ parts of your shop. Is this something you feel justifies the post office salary?

Equally, if the convenience store operates an off-licence, you or a member of staff will need to hold a licence to sell alcohol – is this legal responsibility something you’ll want to take on yourself? Can the current members of staff satisfy the legal requirements? The decision to sell alcohol or postal services is entirely up to you, but if you don’t plan on continuing these services, you must make sure that the business you’re about to buy could be profitable without them.